Future Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
PLATINUM Oct 2021 (NYMEX:PL.V21)
Weak Uptrend (+65) - PL.V21 is showing signs of weakening momentum to the upside. Monitor PL.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PL.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for PL.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PL.V21
The long-term trend has been UP since Oct 26th, 2020 at 880.1
The intermediate-term trend has been UP since Apr 6th, 2021 at 1240.1
The short-term trend has been DOWN since Apr 20th, 2021 at 1196.2
Smart Scan Analysis for PL.V21
Based on our trend formula, PL.V21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).